Zimbabwe to privatise telco assets

16 Apr 2018

The government of Zimbabwe has announced plans to privatise a large number of state-backed firms, including its assets in the telcoms sector. Cellcos NetOne and Telecel and fixed line operator TelOne are all targets for partial privatisation, Finance Minister Patrick Chinamasa announced. Meanwhile, state-backed ISPs PowerTel, Africom and Zarnet are to be merged into a single entity, though there are no plans to combine the enlarged business.

Zimbabwe, Africom, NetOne, PowerTel, Telecel Zimbabwe, TelOne